private operators Archives - The Daily Journal

PDVSA aims to raise oil production to 1.5 million barrels per day in 2027

September 8, 2026September 8, 2026Tatiana Da GamaLeave a Comment

The Daily Journal. — Petróleos de Venezuela S.A. (PDVSA) aims to increase production to 1.3 million barrels per day this year and 1.5 million in 2027, supported by the entry of private operators, the reactivation of drilling rigs and the adoption of new technologies, the company’s Executive Vice President Jovanny Martínez said. The target is […]

Venezuela confirms agreement with U.S. on 65 billion barrels of oil reserves

August 29, 2026August 29, 2026Tatiana Da GamaLeave a Comment

The Daily Journal. — The Venezuelan government confirmed Friday night that it had signed an energy agreement with the United States that opens the development of “17 strategic fields, with proven potential of 65 billion barrels of oil” to private operators. In an official statement posted on social media, acting President Delcy Rodríguez described the […]